{"id":54510,"date":"2025-06-19T11:54:54","date_gmt":"2025-06-19T11:54:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/raydium-price-forecast-after-the-upbit-listing\/"},"modified":"2025-06-19T11:54:54","modified_gmt":"2025-06-19T11:54:54","slug":"raydium-price-forecast-after-the-upbit-listing","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/raydium-price-forecast-after-the-upbit-listing\/","title":{"rendered":"Raydium price forecast after the Upbit listing"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Raydium-price-forecast-after-the-Upbit-listing-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Raydium-price-forecast-after-the-Upbit-listing-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Raydium-price-forecast-after-the-Upbit-listing-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Raydium-price-forecast-after-the-Upbit-listing-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Upbit has listed KRW and USDT trading pairs of Raydium (RAY) cryptocurrency.<\/li>\n<li>Strong fundamentals support RAY\u2019s short-term bullish momentum.<\/li>\n<li>Key resistance lies at $2.52\u2013$3.12 for a breakout continuation.<\/li>\n<\/ul>\n<p>Raydium (RAY) has become one of the top gainers in the crypto market this week after a major <a href=\"https:\/\/upbit.com\/service_center\/notice?id=5248\">listing announcement<\/a> by South Korea\u2019s largest exchange, Upbit.<\/p>\n<p>The listing has caused a sudden surge in interest, pushing RAY\u2019s price significantly higher, sparking speculation among traders and investors about its short-term and long-term trajectory.<\/p>\n<p>Although the listing announcement gave <a href=\"https:\/\/coinjournal.net\/raydium\/\">Raydium<\/a> a strong boost, the question now is whether the rally can hold and translate into a sustained upward trend.<\/p>\n<p>As market volatility remains high, price action, trading volume, and technical indicators all point to a critical phase ahead for RAY.<\/p>\n<h2>The Upbit listing triggered a massive price rally<\/h2>\n<p>On June 19, Upbit announced that it would list Raydium trading pairs in both KRW and USDT markets.<\/p>\n<p>The listing news instantly fueled a surge in trading activity, with RAY climbing nearly 45% to an intraday high of $2.64, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/raydium\/\">CoinMarketCap data<\/a>.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-316122\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/Raydium-price-chart.jpg\" alt=\"Raydium price chart\" width=\"1452\" height=\"658\"\/><\/p>\n<p>Notably, the listing not only marked Raydium\u2019s entry into one of Asia\u2019s largest crypto markets but also helped end a 35-day downward trend.<\/p>\n<p>However, the initial breakout above resistance was short-lived as sellers quickly stepped in, leading to a long upper wick on the daily chart.<\/p>\n<p>Even though the price has fallen back below the resistance at $2.28, market interest remains strong, suggesting that the rally may not be over yet.<\/p>\n<p>Traders are now watching closely for signs of consolidation or further breakout.<\/p>\n<h2>Strong fundamentals are backing the momentum<\/h2>\n<p>Beyond the excitement of the Upbit listing, Raydium\u2019s fundamentals have played a critical role in its recent revival.<\/p>\n<p>According to <a href=\"https:\/\/defillama.com\/protocol\/raydium\">DefiLlama data<\/a>, the project currently holds a total value locked (TVL) of $1.764 billion, reflecting significant user activity on its decentralised platform.<\/p>\n<p>Its annual revenue of $655.9 million stands out in the DeFi sector and contributes to a high revenue-to-market cap ratio of 19.2%.<\/p>\n<p>This metric, combined with a TVL-to-market cap ratio of 2.84, underlines the project\u2019s strong capital efficiency.<\/p>\n<p>Additionally, investor conviction appears robust, with $67.2 million worth of RAY tokens staked, representing roughly 11.9% of the circulating supply.<\/p>\n<p>This indicates that a meaningful portion of holders remain confident in the asset\u2019s long-term value.<\/p>\n<h2>Volume spike hints at short-term strength<\/h2>\n<p>Trading volume has been another major factor in the recent rally.<\/p>\n<p>In just 24 hours, Raydium\u2019s volume exploded by over 600%, climbing to $401.19 million.<\/p>\n<p>This sharp increase in liquidity helped push the token above immediate resistance levels, triggering short covering and fresh buying.<\/p>\n<p>Despite the strong move, volatility has begun to compress, as seen in the narrowing of the Bollinger Bands.<\/p>\n<p>This typically suggests the market is gearing up for another significant directional move, with the next breakout likely to be decisive.<\/p>\n<h2>Technical indicators suggest a mixed outlook<\/h2>\n<p>From a technical standpoint, RAY\u2019s price is attempting to recover after finding support near the psychological $2 level.<\/p>\n<p>The 50-day exponential moving average (EMA) now sits near $2.54, a key level that bulls must reclaim to maintain upward momentum.<\/p>\n<p>A daily close above this line could open the door to the next resistance near $2.96 and possibly $3.40.<\/p>\n<p>On the daily chart, the formation of a double-bottom pattern, combined with bullish signals from both the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), support the possibility of further gains.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-316125\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/RAY-price-analysis.png\" alt=\"RAY price analysis\" width=\"1341\" height=\"806\"\/><\/p>\n<p>In addition, the RSI currently hovers around 45, way below the overbought zone, which leaves room for further upside while also signalling caution in case of renewed selling pressure.<\/p>\n<p>However, the wave count suggests that the current move may be part of a corrective phase, with the next key zone located between $2.90 and $3.12.<\/p>\n<p>If RAY fails to sustain above these levels, a return toward the $2.10 support remains likely, potentially confirming the bearish wave C pattern in development.<\/p>\n<p>\u00a0<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-3.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/raydium-price-forecast-after-the-upbit-listing\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Upbit has listed KRW and USDT trading pairs of Raydium (RAY) cryptocurrency. Strong fundamentals support RAY\u2019s short-term bullish momentum. Key resistance lies at $2.52\u2013$3.12 for a breakout continuation. Raydium (RAY) has become one of the top gainers in the crypto market [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":54511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54510"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54510"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54511"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}